Quarterly report [Sections 13 or 15(d)]

INVESTMENT SECURITIES AND OTHER SECURITIES - Continuous Unrealized Loss Position (Details)

v3.25.2
INVESTMENT SECURITIES AND OTHER SECURITIES - Continuous Unrealized Loss Position (Details) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Available-for-sale securities:    
Less than 12 Months, Fair Value $ 5,256 $ 4,726
Less than 12 Months, Gross Unrealized Losses (35) (74)
Over 12 Months, Fair Value 16,842 18,038
Over 12 Months, Gross Unrealized Losses (2,760) (3,409)
Total, Fair Value 22,098 22,764
Total, Gross Unrealized Losses (2,795) (3,483)
Held-to-maturity securities:    
Less than 12 Months, Fair Value 803 1,843
Less than 12 Months, Gross Unrealized Losses (4) (25)
Over 12 Months, Fair Value 11,216 11,495
Over 12 Months, Gross Unrealized Losses (1,896) (2,260)
Total held-to-maturity securities 12,019 13,338
Total, Gross Unrealized Losses (1,900) (2,285)
U.S. Treasury    
Available-for-sale securities:    
Less than 12 Months, Fair Value 2,583 3,153
Less than 12 Months, Gross Unrealized Losses (6) (43)
Over 12 Months, Fair Value 0 0
Over 12 Months, Gross Unrealized Losses 0 0
Total, Fair Value 2,583 3,153
Total, Gross Unrealized Losses (6) (43)
Held-to-maturity securities:    
Less than 12 Months, Fair Value 749 1,581
Less than 12 Months, Gross Unrealized Losses (3) (22)
Over 12 Months, Fair Value 0 0
Over 12 Months, Gross Unrealized Losses 0 0
Total held-to-maturity securities 749 1,581
Total, Gross Unrealized Losses (3) (22)
Total U.S. Treasury, federal agency, and other agency securities    
Available-for-sale securities:    
Less than 12 Months, Fair Value 3,778 3,692
Less than 12 Months, Gross Unrealized Losses (11) (49)
Over 12 Months, Fair Value 14,095 14,299
Over 12 Months, Gross Unrealized Losses (2,629) (3,171)
Total, Fair Value 17,873 17,991
Total, Gross Unrealized Losses (2,640) (3,220)
Held-to-maturity securities:    
Less than 12 Months, Fair Value 803 1,843
Less than 12 Months, Gross Unrealized Losses (4) (25)
Over 12 Months, Fair Value 11,215 11,494
Over 12 Months, Gross Unrealized Losses (1,896) (2,260)
Total held-to-maturity securities 12,018 13,337
Total, Gross Unrealized Losses (1,900) (2,285)
Residential MBS    
Available-for-sale securities:    
Less than 12 Months, Fair Value 210 275
Less than 12 Months, Gross Unrealized Losses (2) (5)
Over 12 Months, Fair Value 9,515 9,676
Over 12 Months, Gross Unrealized Losses (1,594) (1,966)
Total, Fair Value 9,725 9,951
Total, Gross Unrealized Losses (1,596) (1,971)
Held-to-maturity securities:    
Less than 12 Months, Fair Value 54 99
Less than 12 Months, Gross Unrealized Losses (1) (2)
Over 12 Months, Fair Value 6,922 7,097
Over 12 Months, Gross Unrealized Losses (1,110) (1,334)
Total held-to-maturity securities 6,976 7,196
Total, Gross Unrealized Losses (1,111) (1,336)
Residential CMO    
Available-for-sale securities:    
Less than 12 Months, Fair Value 960 243
Less than 12 Months, Gross Unrealized Losses (3) (1)
Over 12 Months, Fair Value 2,740 2,802
Over 12 Months, Gross Unrealized Losses (351) (433)
Total, Fair Value 3,700 3,045
Total, Gross Unrealized Losses (354) (434)
Held-to-maturity securities:    
Less than 12 Months, Fair Value 0 163
Less than 12 Months, Gross Unrealized Losses 0 (1)
Over 12 Months, Fair Value 3,083 3,152
Over 12 Months, Gross Unrealized Losses (577) (690)
Total held-to-maturity securities 3,083 3,315
Total, Gross Unrealized Losses (577) (691)
Commercial MBS    
Available-for-sale securities:    
Less than 12 Months, Fair Value 0 0
Less than 12 Months, Gross Unrealized Losses 0 0
Over 12 Months, Fair Value 1,774 1,752
Over 12 Months, Gross Unrealized Losses (680) (767)
Total, Fair Value 1,774 1,752
Total, Gross Unrealized Losses (680) (767)
Held-to-maturity securities:    
Less than 12 Months, Fair Value 0 0
Less than 12 Months, Gross Unrealized Losses 0 0
Over 12 Months, Fair Value 1,152 1,176
Over 12 Months, Gross Unrealized Losses (206) (231)
Total held-to-maturity securities 1,152 1,176
Total, Gross Unrealized Losses (206) (231)
Other agencies    
Available-for-sale securities:    
Less than 12 Months, Fair Value 25 21
Less than 12 Months, Gross Unrealized Losses 0 0
Over 12 Months, Fair Value 66 69
Over 12 Months, Gross Unrealized Losses (4) (5)
Total, Fair Value 91 90
Total, Gross Unrealized Losses (4) (5)
Held-to-maturity securities:    
Less than 12 Months, Fair Value 0 0
Less than 12 Months, Gross Unrealized Losses 0 0
Over 12 Months, Fair Value 58 69
Over 12 Months, Gross Unrealized Losses (3) (5)
Total held-to-maturity securities 58 69
Total, Gross Unrealized Losses (3) (5)
Municipal securities    
Available-for-sale securities:    
Less than 12 Months, Fair Value 1,478 985
Less than 12 Months, Gross Unrealized Losses (24) (25)
Over 12 Months, Fair Value 2,225 2,336
Over 12 Months, Gross Unrealized Losses (92) (107)
Total, Fair Value 3,703 3,321
Total, Gross Unrealized Losses (116) (132)
Held-to-maturity securities:    
Less than 12 Months, Fair Value 0 0
Less than 12 Months, Gross Unrealized Losses 0 0
Over 12 Months, Fair Value 1 1
Over 12 Months, Gross Unrealized Losses 0 0
Total held-to-maturity securities 1 1
Total, Gross Unrealized Losses 0 0
Corporate debt    
Available-for-sale securities:    
Less than 12 Months, Fair Value 0 0
Less than 12 Months, Gross Unrealized Losses 0 0
Over 12 Months, Fair Value 172 1,053
Over 12 Months, Gross Unrealized Losses (19) (102)
Total, Fair Value 172 1,053
Total, Gross Unrealized Losses (19) (102)
Asset-backed securities    
Available-for-sale securities:    
Less than 12 Months, Fair Value 0 49
Less than 12 Months, Gross Unrealized Losses 0 0
Over 12 Months, Fair Value 267 263
Over 12 Months, Gross Unrealized Losses (12) (19)
Total, Fair Value 267 312
Total, Gross Unrealized Losses (12) (19)
Private-label CMO    
Available-for-sale securities:    
Less than 12 Months, Fair Value 0 0
Less than 12 Months, Gross Unrealized Losses 0 0
Over 12 Months, Fair Value 83 87
Over 12 Months, Gross Unrealized Losses (8) (10)
Total, Fair Value 83 87
Total, Gross Unrealized Losses $ (8) $ (10)